Park Gate (Bromley) Management Limited
|
Registered number: |
05504750
|
Balance Sheet |
as at 31 December 2021
|
|
Notes |
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|
2021 |
|
|
2020 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
7,519 |
|
|
7,519 |
|
Current assets |
Debtors |
4 |
|
3,759 |
|
|
3,409 |
Cash at bank and in hand |
|
|
19,557 |
|
|
16,661 |
|
|
|
23,316 |
|
|
20,070 |
|
Creditors: amounts falling due within one year |
5 |
|
(1,619) |
|
|
(382) |
|
Net current assets |
|
|
|
21,697 |
|
|
19,688 |
|
Net assets |
|
|
|
29,216 |
|
|
27,207 |
|
|
|
|
|
|
|
|
Capital and reserves |
Retained surplus on reserves |
|
|
|
29,216 |
|
|
27,207 |
|
Members' funds |
|
|
|
29,216 |
|
|
27,207 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
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|
|
|
|
M Smith |
Director |
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Approved by the board on 7 September 2022
|
|
Park Gate (Bromley) Management Limited
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Notes to the Accounts |
for the year ended 31 December 2021
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
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|
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Turnover |
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Turnover represents the total contributions requested from the residents of Park Gate designed to cover the common costs attributable to the premises.
|
|
|
Tangible fixed assets |
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The company acquired the freehold of 71 Plaistow Lane, Bromley BR1 3JF at a cost including fees of £7519.
|
|
|
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Taxation |
|
No taxation is payable. The company is a mutual trading company and there were no investments yielding sufficient income to be taxable.
|
|
|
2 |
Employees |
2021 |
|
2020 |
Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 January 2021 |
7,519 |
|
At 31 December 2021 |
7,519 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 December 2021 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2021 |
7,519 |
|
At 31 December 2020 |
7,519 |
|
|
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2021 |
|
2020 |
£ |
£ |
|
|
Tenant account |
123 |
|
157 |
|
Prepayments |
3,636 |
|
3,252 |
|
|
|
|
|
|
3,759 |
|
3,409 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
£ |
£ |
|
|
General creditors |
1,511 |
|
298 |
|
Other creditors |
108 |
|
84 |
|
|
|
|
|
|
1,619 |
|
382 |
|
|
|
|
|
|
|
|
|
|
6 |
Related party transactions |
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The company is under the joint control of its members. No one party has overall control of the company.
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7 |
Other information |
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Park Gate (Bromley) Management Limited is a private company limited by guarantee and incorporated in England on 24 May 1963. Its registered office is: |
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9 St Marks Road |
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Bromley |
|
Kent |
|
BR2 9HG |